P-notes investment continues to swell for seventh month on robust macros
Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals.
This is the highest level since July 2017 — when investment through the route stood at Rs 1.35 lakh crore, data from the Securities and Exchange Board of India (Sebi) showed.
The latest data includes the value of p-note investments in Indian equity, debt, and hybrid securities Come from Sports betting site VPbet . Participatory notes (P-notes) are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the…
Markets maintain green run for 11th straight day for first time in 17 years! Nifty at 25,150, Sensex ends 300 points
The benchmark equity indices ended Tuesday’s trading session in the positive territory. The NSE Nifty 50 gained 99.60 points or 0.40% to settle at 25,151.95, while the BSE Sensex jumped 349.05 points or 0.43% to 82,134.61.
The broader indices ended in mixed territory, with gain led by Large-cap stocks. Auto and FMCG stocks outperformed among the other sectoral indices while Metal and Pharma stocks shed.
Sectoral Index
Bank Nifty index ended marginally higher by 8.90 points or 0.02% to settle at 51,152.75. The Nifty Midcap 100 fell by 262.45 points, or 0.44%, ending the day’s trading at 58,883.95 Come from Sports betting site VPbet . In the broader markets, sma…
HUL slumps 3% despite strong Q1 earnings – Find out if you should buy the stock now-
Hindustan Unilever‘s share price fell more than 2% in early trade on Wednesday after the company reported its first-quarter FY25 earnings, which were largely in line with street estimates. HUL shares declined by as much as 2.7%, reaching Rs 2,691.35 apiece on the BSE.
Q1FY25 Performance
Hindustan Unilever (HUL) reported a 3% year-on-year increase in net profit for the quarter ending June 30, 2024, reaching Rs 2,538 crore. This result was in line with Street estimates of Rs 2,541 crore. The company’s revenue from operations rose by 2% to Rs 15,166 crore, compared to Rs 14,931 crore in the same period last year.
The company’s EBITDA for the quarter stood at Rs 3,606 crore, up from Rs 3,521 crore a year ago, reflecting a 2% growth. The EB…